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As much like other industrialized countries, in recent decades the employment rate in Germany for those aged 55 to 69 … retirement incentive. The reduction of incentives mainly stems from the introduction of actuarial deductions for early retirement … and from the abolishment of specific early retirement pathways …
Persistent link: https://www.econbiz.de/10012481373
utilizes a unique data file on three baseline cohorts from the Health and Retirement Study to explore how employer …-provided health insurance coverage in retirement save less than their private sector uncovered counterparts …
Persistent link: https://www.econbiz.de/10012459152
We consider the retirement behavior of civilian employees of the United States government. Unlike previous studies … the financial aspects of individual retirement decisions with a reasonable degree of precision. A large fraction of civil … service pensioners is eligible to receive Social Security benefits because a part of their working careers was spent in Social …
Persistent link: https://www.econbiz.de/10012478313
I analyze the effects of state public pension parameters on the retirement of public employees. Using a panel data set … of public sector workers from 12 waves of the Health and Retirement Study, I model the probability of retirement as a … function of pension wealth at early and normal retirement eligibility and Social Security coverage in the public sector job. I …
Persistent link: https://www.econbiz.de/10012479392
Choices regarding the disposition of wealth at retirement can have substantial implications for retirement income … find that these groups of retirees report very different levels of well-being in retirement …
Persistent link: https://www.econbiz.de/10012480781
This paper uses the option value model of Stock and Wise to analyze the departure patterns of a sample of pilots in the United States Air Force. Pilot compensation and the military pension are described, as are some details of the option value model and two other models: the Annualized Cost of...
Persistent link: https://www.econbiz.de/10012474347
We study the consequences of hospital competition for Medicare beneficiaries' heart attack care from 1985 to 1994. We examine how relatively exogenous determinants of hospital choice such as travel distances influence the competitiveness of hospital markets, and how hospital competition...
Persistent link: https://www.econbiz.de/10012471524
Motivated by widely publicized concerns that there are "too many" plans, we structurally estimate (and validate) an equilibrium model of the Medicare Part D market to study the welfare impacts of two feasible, similar-sized approaches for reducing choice. One reduces the maximum number of firm...
Persistent link: https://www.econbiz.de/10012464351
We study the impact of the introduction of one of the major pillars of the social insurance system in the United States: the introduction of Medicare in 1965. Our results suggest that, in its first 10 years, the establishment of universal health insurance for the elderly had no discernible...
Persistent link: https://www.econbiz.de/10012467068
We investigate the effect of universal health insurance on health outcome and the use of health services by exploiting a natural experiment that changes the insurance status of most Americans at age 65; that is, eligibility for the U.S. Medicare program. We compare inequalities in health and...
Persistent link: https://www.econbiz.de/10012469954